Across
- 6. creation, maintenance, competition, and expansion of businesses outside the control or influence of the government
- 8. factories, machinery, and technology that are necessary to run a service or industry
- 9. percentage of a nation's population over the age of 15 who are able to read or write
- 11. trade barrier that places a tax on imported goods
- 15. on or in the Earth that have economic value
- 17. economic system with limited government involvement and driven by consumers' buying needs
- 18. economic system which relies on the government to make all economic decisions
- 19. trade barrier that places a limit on imported goods
Down
- 1. total value of goods and services produced in a country in a year
- 2. and political union of 27 European countries
- 3. one nation's money into the equal value of another country's money
- 4. on a narrow range of products/services that can be produced most efficiently and cost-effectively
- 5. approximate value of one nation's currency in terms of another's
- 7. level of wealth and material comfort available to people
- 10. trade barrier which blocks all trade with another nation
- 12. economic system that is driven by consumers' buying decisions
- 13. who risks their own money and resources to create a new business
- 14. common currency of most European Union members
- 16. knowledge, skills, and health of a nation's labor force; invest in it with education and job training